Presented below are financial statement classifications for the statement of comprehensive income and the retained earnings statement. For each transaction or account title, enter in the space provided a letter(s) to indicate the usual classification.

Transactions
1. ______ Unrealized holding loss on non-trading equity securities.
2. ______ Gain on sale of non-trading equity securities.
3. ______ Sales revenue.
4. ______ Loss on impairment of goodwill.
5. ______ Sales salaries accrued.
6. ______ Net income for the period.
7. ______ Loss on sale of investments.
8. ______ Depreciation on equipment used in operations.
9. ______ Cash dividends declared and paid.
10. ______ Correction of an error due to expensing the cost of equipment in a previous year.
11. ______ Insurance gain on flood loss-insurance proceeds exceed the carrying amount of assets destroyed.
12. ______ The company has decided to stop production of its candy division and suffered a loss on the sale of this division.

Retained Earnings Statement F An addition or deduction from beginning balance G Additions to retained earnings H Deduction from retained earnings I Note classification Statement of Comprehensive Income A Revenue B Operating expense c Other income or expense D Discontinued operations E Other comprehensive income